Stolt Sea Farm upbeat in Q1 despite one-time biomass hit
The company noted its revenue was up for the first quarter, but a fair value adjustment and one-time write-down of biomass saw it make a Q1 operational loss of $1.1m
Flatfish wins some counter business with Waitrose
Grimsby's Flatfish is supplying Waitrose with a range of flatfish, with the focus on using British vessels
Stolt Sea Farms details sole expansion plans, eyes growth in turbot too
The firm reveals it has plans in place to raise sole production from 850t today to 2,800t by 2023, and wants to hit 5,400t; on turbot, it is seeking new sites for growth
Acquisitions help Sea Harvest nearly double its asset base in 2018
The South African group has acquired Viking Fishing, Viking Aquaculture, a Sterkoder freezer vessel, and the Ladismith Cheese company over the past 12 months
Initial cost of pulse trawl ban to Dutch fishing industry approximately €25m
The Dutch industry has been left in disarray following the final pulse fishing ban announced on Feb. 13
Trade insights: Is wild-caught whitefish consumption on the up in China?
Focus has sharpened on Chinese consumption of imported, wild-caught whitefish in the context of the US-China trade war
EU trilogue agrees to enforce full pulse fishing ban from July 2021
The European Parliament, Council and Commission agreed that up to 5% of the Dutch fleet will still be allowed to use pulse gear for research until June 30, 2021
Large shareholder in beleaguered Dalian Tianbao looks to sell
The Shenzhen-based investment firm said it aims to sell a 6% shareholding in Dalian Tianbao Green Foods through 'competitively priced bulk sales'
Owing $136m, creditors circle major Chinese processor as lawsuits mount
At the height of China's stock market bubble in 2015 Dalian Tianbao Green Foods was worth a staggering $1.5 billion; today it is worth a fraction of that amid a lawsuit deluge
EU Council approves full pulse fishing ban
EU trilogue negotiations to determine when the ban should come into force are likely to be held over the coming weeks